• EMAARDisclosure of the Company regarding the pricing of shares of Emaar Development PJSC (under conversion)
  • AMANATResults of BOD meeting held by circulation
10:00
01 january 2014
Home > Products > Services Catalogue > Services Details

Securities Lending and Borrowing (SLB) Fees

Details
SLB Fees to be paid to DFM by either the Lender and/or the Borrower and collected by DFM from the Lending representative (LR) and/or the Borrowing Representative (BR)


For information on this service, please contact:
DFM Customer Services
T:+971 4 305 5555
E: customerservice@dfm.ae 


Fees

Daily outstanding loan quantity x the daily last traded price of the loaned security x fee (Lender and Borrower/ Borrower only)] ÷ 365 and aggregated on a daily basis from start date till day before loan is returned.

Lender:

2 basis points (bps) (0.0002 or 0.02%) per annum;

OR (ZERO)

Borrower:

2 basis points (0.0002 or 0.02%) per annum;

 OR 4 bps (0.0004 or 0.04%) per annum. (where lender pass on lending fee payment to borrower)

Procedures
DFM will send on monthly basis SLB fee report with invoice.

Required Documents
N/A

How to Apply?
N/A